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Harlem Mixed-Use Comes to Market at $7M
A 19-unit mixed-use building in Central Harlem is coming to market via Ariel Property Advisors, which has been retained to sell 112-114 W. 116th St. The asking price for the five-story property is $7 million.
Ariel’s Victor Sozio, Orry Michael, Michael A. Tortorici and John Higgins are representing the seller.
The fully occupied walk-up building, which spans 18,000 square feet, is situated on the south side of West 116th Street between Saint Nicholas and Lenox avenues. The asset contains 16 Class A rent-stabilized apartments and three retail units.
Additionally, the property is steps away from the 2 and 3 subway stations, providing residents with convenient access throughout Manhattan and outer-borough locations.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

